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Tuesday, 02 March 10
INDONESIA'S PROTECTED FORESTS NOW OPEN TO DEVELOPMENT
 The Jakarta Globe reported that, President Susilo Bambang Yudhoyono has signed a decree to allow mining, power plants and other projects deemed strategically important to take place in protected forests.
The decree, which took effect on Feb. 1, is certain to anger environmental groups given that the country already has one of the fastest rates of deforestation in the world.
“The use of forest areas for development activities can be done for unavoidable strategic purposes,” said the decree, which said key development projects included power plants, renewable energy, toll roads and train lines.
The decree said open-pit and underground mining could take place in production forests, which is a forest area considered neglected or abandoned after trees have been cut.
“In a protected forest, mining can be done through underground mining,” the decree said.
The decree defined mining activities as including oil and gas, minerals, coal and geothermal.
Yudhoyono has pledged to cut red tape and prevent overlapping regulations from slowing down projects ranging from mining to toll roads. Increasing exploitation of mineral resources and speeding up infrastructure development are seen as keys to boosting growth and creating jobs.
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“President has pledged to cut red tape and prevent overlapping regulations from slowing down projects ranging from mining to toll roads”
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State-owned oil and gas company PT Pertamina has urged the Forestry Ministry to allow geothermal activities in protected forests as most of the country’s geothermal reserves are located in these areas.
There has frequently been confusion over whether companies can exploit resources in forest areas, with various ministries requiring permits.
The Forestry Ministry recently asked Freeport McMoRan Copper and Gold to submit a request to use land in a protected forest area, a ministry official said on Tuesday. Freeport operates the huge Grasberg copper and gold mine in Papua. Grasberg has the world’s largest recoverable reserves of copper and the largest gold reserves.
In 2004, the government allowed 13 mining firms, including Freeport, to continue mining operations after the introduction of a law in 1999 that banned open-pit mining in forested areas.
Last month, police temporarily shut the Jorong coal mine in Kalimantan operated by a unit of Thailand’s top coal miner, Banpu, over a permit problem. Banpu said the closure would only have a slight impact on production at its domestic unit, PT Indo Tambangraya Megah.
Indonesia has struggled to attract fresh investment into mining, as well as for developing new oil and gas fields, partly due to uncertain regulations and red tape.
The government has previously said it expected mining investment to hit $2.5 billion this year, up from $1.81 billion in 2009, supported by greater certainty after the introduction of new mining regulations.
Source: The Jakarta Globe
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Monday, 08 February 10
BLACK RIDGE MINING APPOINTS INDEPENDENT CONSULTANT
Australian-listed Black Ridge Mining has announced the appointment of David Tuit as an independent consultant to assist with the assessment of the c ...
Monday, 08 February 10
SOUTH AFRICAN EXPORT COAL RISES FOR FIRST TIME IN FOUR WEEKS
Prices for coal shipped from South Africa’s Richards Bay, the continent’s biggest export facility for the fuel, posted their first gain ...
Monday, 08 February 10
NTPC HOPES TO START ON 500-MW PROJECT IN SRI LANKA BY FEB-END
NTPC sources told Business Standard, “All formalities from our government and NTPC have been completed.
The opinion of the Sri Lankan atto ...
Sunday, 07 February 10
AN AUSTRALIAN FIRM HAS SIGNED A $60BN DEAL TO SUPPLY COAL TO CHINESE POWER STATIONS
Clive Palmer, chairman of the company, Resourcehouse, said it was Australia's "biggest ever export contract".
Under the deal, the firm ...
Saturday, 06 February 10
FREIGHT WOULD CONTINUE TO BE SOFT NEXT WEEK - VISTAAR SHIPPING
COALspot.com (Singapore): The freight market continued to soften this week including the stock markets. The main reason seems to be Chinese ne ...
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Showing 6016 to 6020 news of total 6871 |
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- Parry Sugars Refinery, India
- Global Green Power PLC Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Marubeni Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Makarim & Taira - Indonesia
- Bukit Baiduri Energy - Indonesia
- Eastern Coal Council - USA
- Energy Link Ltd, New Zealand
- San Jose City I Power Corp, Philippines
- Uttam Galva Steels Limited - India
- Independent Power Producers Association of India
- Indo Tambangraya Megah - Indonesia
- Sree Jayajothi Cements Limited - India
- Toyota Tsusho Corporation, Japan
- Holcim Trading Pte Ltd - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Bhatia International Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- White Energy Company Limited
- Therma Luzon, Inc, Philippines
- Altura Mining Limited, Indonesia
- Minerals Council of Australia
- Planning Commission, India
- Formosa Plastics Group - Taiwan
- Bayan Resources Tbk. - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Deloitte Consulting - India
- Energy Development Corp, Philippines
- Commonwealth Bank - Australia
- Maheswari Brothers Coal Limited - India
- Vizag Seaport Private Limited - India
- PowerSource Philippines DevCo
- Georgia Ports Authority, United States
- Vedanta Resources Plc - India
- GN Power Mariveles Coal Plant, Philippines
- India Bulls Power Limited - India
- Timah Investasi Mineral - Indoneisa
- The Treasury - Australian Government
- Ministry of Transport, Egypt
- Port Waratah Coal Services - Australia
- Chamber of Mines of South Africa
- Madhucon Powers Ltd - India
- Ambuja Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining and Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Sojitz Corporation - Japan
- Karaikal Port Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- Meenaskhi Energy Private Limited - India
- Latin American Coal - Colombia
- Jaiprakash Power Ventures ltd
- Antam Resourcindo - Indonesia
- Ind-Barath Power Infra Limited - India
- Anglo American - United Kingdom
- Sarangani Energy Corporation, Philippines
- McConnell Dowell - Australia
- Attock Cement Pakistan Limited
- Krishnapatnam Port Company Ltd. - India
- Kartika Selabumi Mining - Indonesia
- Agrawal Coal Company - India
- Banpu Public Company Limited - Thailand
- Wilmar Investment Holdings
- Global Business Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Economic Council, Georgia
- Electricity Generating Authority of Thailand
- Lanco Infratech Ltd - India
- Aboitiz Power Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Cement Manufacturers Association - India
- Chettinad Cement Corporation Ltd - India
- Mercator Lines Limited - India
- London Commodity Brokers - England
- Baramulti Group, Indonesia
- Kideco Jaya Agung - Indonesia
- Directorate Of Revenue Intelligence - India
- AsiaOL BioFuels Corp., Philippines
- MS Steel International - UAE
- Heidelberg Cement - Germany
- IHS Mccloskey Coal Group - USA
- Goldman Sachs - Singapore
- Power Finance Corporation Ltd., India
- Electricity Authority, New Zealand
- Edison Trading Spa - Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- Intertek Mineral Services - Indonesia
- International Coal Ventures Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Ministry of Mines - Canada
- PNOC Exploration Corporation - Philippines
- Africa Commodities Group - South Africa
- Tata Chemicals Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Jindal Steel & Power Ltd - India
- Pendopo Energi Batubara - Indonesia
- CNBM International Corporation - China
- PetroVietnam Power Coal Import and Supply Company
- Standard Chartered Bank - UAE
- Eastern Energy - Thailand
- Petron Corporation, Philippines
- Mercuria Energy - Indonesia
- Bharathi Cement Corporation - India
- CIMB Investment Bank - Malaysia
- VISA Power Limited - India
- Ministry of Finance - Indonesia
- Bulk Trading Sa - Switzerland
- Kumho Petrochemical, South Korea
- Tamil Nadu electricity Board
- Singapore Mercantile Exchange
- Central Java Power - Indonesia
- Indika Energy - Indonesia
- Xindia Steels Limited - India
- Posco Energy - South Korea
- Semirara Mining Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Simpson Spence & Young - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- IEA Clean Coal Centre - UK
- SMG Consultants - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Central Electricity Authority - India
- Samtan Co., Ltd - South Korea
- Alfred C Toepfer International GmbH - Germany
- OPG Power Generation Pvt Ltd - India
- Indian Oil Corporation Limited
- The State Trading Corporation of India Ltd
- Carbofer General Trading SA - India
- Bahari Cakrawala Sebuku - Indonesia
- Kepco SPC Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Riau Bara Harum - Indonesia
- Malabar Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Wood Mackenzie - Singapore
- South Luzon Thermal Energy Corporation
- Orica Mining Services - Indonesia
- ICICI Bank Limited - India
- Binh Thuan Hamico - Vietnam
- The University of Queensland
- Price Waterhouse Coopers - Russia
- Miang Besar Coal Terminal - Indonesia
- Sakthi Sugars Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- PTC India Limited - India
- GAC Shipping (India) Pvt Ltd
- Larsen & Toubro Limited - India
- Savvy Resources Ltd - HongKong
- Aditya Birla Group - India
- Metalloyd Limited - United Kingdom
- New Zealand Coal & Carbon
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- Renaissance Capital - South Africa
- European Bulk Services B.V. - Netherlands
- TeaM Sual Corporation - Philippines
- SMC Global Power, Philippines
- Sical Logistics Limited - India
- Sindya Power Generating Company Private Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Star Paper Mills Limited - India
- Trasteel International SA, Italy
- Bhushan Steel Limited - India
- Kobexindo Tractors - Indoneisa
- Mjunction Services Limited - India
- Bhoruka Overseas - Indonesia
- Thiess Contractors Indonesia
- GMR Energy Limited - India
- Medco Energi Mining Internasional
- Gujarat Mineral Development Corp Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indogreen Group - Indonesia
- Videocon Industries ltd - India
- Barasentosa Lestari - Indonesia
- Coal and Oil Company - UAE
- Billiton Holdings Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Thai Mozambique Logistica
- Meralco Power Generation, Philippines
- Coalindo Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Coal Association
- Siam City Cement PLC, Thailand
- Mintek Dendrill Indonesia
- Borneo Indobara - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Indonesian Coal Mining Association
- Indian Energy Exchange, India
- Ceylon Electricity Board - Sri Lanka
- Rio Tinto Coal - Australia
- Australian Commodity Traders Exchange
- Parliament of New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Salva Resources Pvt Ltd - India
- Bangladesh Power Developement Board
- Orica Australia Pty. Ltd.
- Rashtriya Ispat Nigam Limited - India
- Interocean Group of Companies - India
- Global Coal Blending Company Limited - Australia
- Romanian Commodities Exchange
- Dalmia Cement Bharat India
- ASAPP Information Group - India
- Kaltim Prima Coal - Indonesia
- Bukit Makmur.PT - Indonesia
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